Impact of Covid-19 on Business Performance: A Case Study of Starbucks

Sinha, Rupesh; Ganatra, Varsha; Pandey, Priya; A, Deepaa Darshanie Lim; Arumugan, P; Kee, Daisy Mui Hung; Lekha, Gopalam Sree; Kumar, Navaneetha; Kew, Sin Dee; Dhupad, Asha; Nair, Rajesh Kumar; Tenh, Ying Ying; Yue, Haoran

doi:10.32535/ijthap.v4i2.1054

Cited by 6 publications

(5 citation statements)

References 13 publications

(13 reference statements)

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“…People all quarantined at home, and seldomly had the chance to go outside and have a cup of coffee. Even Starbucks provides the delivery service, most of people are not willing to choose this way [9]. What is more, the whole operating costs didn't decrease because of the pandemic, instead, its proportion gets higher, the reason would be the higher costs of purchase and labor since everything's prices got higher in 2020.…”

Section: Common-size Analysismentioning

confidence: 99%

Research on Financial Risk Management in Coffee Industry under COVID-19

Xinyue¹,

Qiao²,

Yang³

2022

Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

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Based on the huge impact of the COVID-19 outbreak on the world economy, this paper examines the financial analysis of the new coffee industry under the current pandemic. Here we take Starbucks, the representative of the coffee industry, as an example, adopts data collection method, comparison method, etc., and draws a conclusion that the coffee industry has gained development opportunities by taking advantage of its own characteristics in the context of the epidemic from the perspective of liquidity risk and financing capacity. This paper provides a new perspective for analysing the financial situation of the coffee industry and can provide some forecast for the choice of the development direction of the coffee industry under the epidemic situation.

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Section: Common-size Analysismentioning

confidence: 99%

Research on Financial Risk Management in Coffee Industry under COVID-19

Xinyue¹,

Qiao²,

Yang³

2022

Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

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“…Many people like drinking coffee every day, making the coffee industry one of the market's most important segments among those for food and beverages [1]. With the increasing material and cultural needs of people, coffee has gradually become a mainstream drink.…”

Section: Introductionmentioning

confidence: 99%

Research On Management Quality of Starbucks in China's Business Expansion

Fu,

Meng,

Huang

et al. 2023

AEMPS

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This paper gives a general introduction of Starbucks including its scale in China, the changes of its sales in these years and use Five Forces Model to analyse the threats of Starbucks. From six aspects to show the potential risks of Starbucks. This essay also explores some problems Starbucks caused in expansion, leadership behaviour, personnel management, brand positioning. The main problems are the low-quality service, the ignoring of the individual management, bad performance of some workers and the broken end-up brand positioning respectively. The Maslows hierarchy of needs model is used to motivate the workers and solve the problems in expansion. The Multiple-Linkage model is divided into two parts to solve the rest problems.

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“…In terms of the previous research related to the companies, they typically only investigated the problem more about the sales of one particular product, but less about the analysis of comprehensive financial performance, and future development in the post-pandemic era. For example, one article focusses on the analysis of the effect of Covid-19 on the largest coffeehouse---Starbucks [2]. In this article, it compared Starbucks' revenue performance and selling situation in the epidemic period with its performance in the last decade, to indicate Starbucks' depression in the pandemic period.…”

Section: Introductionmentioning

confidence: 99%

Analysis of the Impact of Covid-19 on Daily Chemical Companies and Forecast for Future Development

Chen¹,

Tan²

2022

BCPBM

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Covid-19 was the most serious issue in the past two years, and it has influenced many industries a lot. However, little research had qualified and predicted the influence of Covid-19 that had and will have on daily chemical industry. Therefore, this project focuses on the analysis of financial performance of two major daily chemical companies in the pandemic period. In this research, DuPont and Classification analysis were used in the data calculation and measurement, comparison analysis was used while comparing the difference of financial performance between the two companies this study chooses, while the prediction method was applied when predicting the future development. Our research find that GDP decrease dramatically during 2019-2020, to a negative growth. In terms of the daily chemical industry, one of the most major companies, Jahwa faced more challenge in the operating activities, while L'Oreal still have a great potential although it also has been affected in the pandemic period.

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Impact of Covid-19 on Business Performance: A Case Study of Starbucks

Cited by 6 publications

References 13 publications

Research on Financial Risk Management in Coffee Industry under COVID-19

Research on Financial Risk Management in Coffee Industry under COVID-19

Research On Management Quality of Starbucks in China's Business Expansion

Analysis of the Impact of Covid-19 on Daily Chemical Companies and Forecast for Future Development

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